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View Full Version : Brazil cuts interest rate


NewsWhore
10-20-2011, 04:10 AM
The Brazilian Central Bank announced Wednesday it would cut the country's annual basic interest rate (Selic) by 0.5 percent to 11.5 percent.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/200257440/cs/1/)